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Radhe Developers to enter into JV with Solitaire Realinfra, Pary Developers

29 Nov 2021 Evaluate

Radhe Developers India’s Board has considered the need to enter into the Joint Venture (JV) Agreement with the Solitaire Realinfra along with the Pary Developers. The Joint Venture Agreement is subject to the necessary due diligence as required.

The board also approved the proposal for raising of funds by way of a Right issue to the eligible equity shareholders of the company. The Board of Directors of the Company, at its meeting held on November 26, 2021, has inter alia, considered and approved the same.

Radhe Developers’ (India) principal activity is to construct and develop residential and commercial complexes.

Peers
Company Name CMP
Lodha Developers 1195.00
Prestige EstatesProj 1595.00
Dilip Buildcon 401.65
DLF 754.35
Oberoi Realty 1789.40
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